NOT LISTED FOR SALE

510 Laurel Ave Pomona, CA 91768

Wilton Heights Historic District Neighborhood

Estimated Value: $664,882 - $843,000

6 Beds
3 Baths
1,476 Sq Ft
$522/Sq Ft Est. Value

Last Sold April 06, 2012

Last sale price $270,000 $183 Per Sq Ft

Est. 185% increase in value since last sale

Current estimated payment $4,375/month

7 Days on Market

About This Home

As of April 2012

HISTORICAL AREA OF POMONA, THIS PROPERTY CONTAINS 2 UNITS WITH A NICE GARAGE CONVERSION AS A 3RD UNIT( NOT PERMITTED). ALL THREE UNITS HAVE BEEN REMODELED WITH NEW KITCHEN CABINETS WITH GRANITE COUNTER TOPS, REMODELED BATHROOMS, NEW CARPET, NEW TILE, NEW INTERIOR AND EXTERIOR PAINT. VERY WELL MAINTAINED. GREAT INCOME PROPERTY.

Last Agent to Sell the Property

JESSICA NIELSON

COUNTRYSIDE INVESTMENTS License #01504577 Listed on: 03/12/2012

Last Buyer's Agent

Steven Chang

RE/MAX Galaxy License #01342782

RE/MAX Galaxy

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 7,680

Parking

  • 4 Parking Spaces

Home Design

  • 1,476 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Additional Features

  • 7,680 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Tax Lot 1
  • Tax Tract Number 100
  • Assessor Parcel Number 8340023018

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Trash Expense $194
  • Water Sewer Expense $200
  • New Taxes Expense $2,821
  • Gross Income $3,050
  • Net Operating Income $29,610

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Assessments: No
  • Water Sewer Expenses: 200.00
  • Property Type: Residential Income
  • Parcel Number: 8340023018
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Square Foot: 182.93

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Heating Type: Wall Furnace
  • Trash Expense: 194.00

Lot Info

  • Lot Size Sq Ft: 7680.00
  • Lot Size Acres: 0.1760

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Gross Income: 3050.00
  • Gross Scheduled Income: 36600.00
  • Lot Size Area: 7680.0000 Square Feet
  • Net Operating Income: 29610.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 3
  • Operating Expense: 6999.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 2821.00
  • Tax Lot: 1
  • Tax Tract Number: 100
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2012
Closed on
Mar 26, 2012
Sold by
Rubio Joseph
Bought by
Jfd Investment Llc
Seller's Agent
JESSICA NIELSON
COUNTRYSIDE INVESTMENTS
Buyer's Agent
Steven Chang
RE/MAX Galaxy
List Price
$285,000
Sold Price
$270,000
Premium/Discount to List
-$15,000
-5.26%
Current Estimated Value
$770,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$500,221
Avg. Annual Appreciation
7.89%

Purchase Details

Closed on
Apr 1, 2011
Sold by
Kondaur Reo Llc
Bought by
Rubic Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,350
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2011
Sold by
Reynoso Maria Del Rosario and Reynoso Juan Manuel
Bought by
Kondaur Reo Llc

Purchase Details

Closed on
Sep 19, 2006
Sold by
De Oro Properties Llc
Bought by
Reynoso Juan Manuel and Reynoso Maria Del Rosario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 28, 2005
Sold by
Scott Paul V and Scott Sharon E
Bought by
De Oro Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,440
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jfd Investment Llc $270,000 Fidelity National Title Co
Rubic Joseph $202,000 Ticor Title Company Of Ca
Kondaur Reo Llc $2,000 Ticor Title Company
Reynoso Juan Manuel $495,000 Orange Coast Title
De Oro Properties Llc $383,000 Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rubic Joseph $213,350
Previous Owner Reynoso Juan Manuel $396,000
Previous Owner De Oro Properties Llc $348,440
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2012 04/06/12 Sold $270,000 -5.3% $183 / Sq Ft
03/19/2012 03/19/12 Pending -- -- --
03/12/2012 03/12/12 For Sale $285,000 -- $193 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,499 $339,121 $188,401 $150,720
2024 $4,499 $332,472 $184,707 $147,765
2023 $4,410 $325,954 $181,086 $144,868
2022 $4,340 $319,564 $177,536 $142,028
2021 $4,238 $313,299 $174,055 $139,244
2020 $4,225 $310,088 $172,271 $137,817
2019 $4,326 $304,009 $168,894 $135,115
2018 $3,954 $298,049 $165,583 $132,466
2016 $3,711 $286,477 $159,154 $127,323
2015 $3,680 $282,175 $156,764 $125,411
2014 $3,663 $276,649 $153,694 $122,955
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    JESSICA NIELSON

    COUNTRYSIDE INVESTMENTS

  • S

    Buyer's Agent in 2012

    Steven Chang

    RE/MAX

    7 Total Sales

    Steven Chang
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: C12033105

California Regional Multiple Listing Service (CRMLS)

APN: 8340-023-018

California Los Angeles County Pomona 91768 Wilton Heights Historic District

510 Laurel Ave, Pomona, CA

Not Listed for Sale

MultiFamily

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